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The National Bureau of Statistics announced the National Industrial Producer Ex-factory Price (PPI) for October 2012. The data shows that in October, the national industrial producers' factory prices fell by 2.8% year-on-year and 0.2% quarter-on-quarter, the first time in five months. . The purchase price of industrial producers fell by 3.3% year-on-year and by 0.1% quarter-on-quarter. From January to October, the average ex-factory price of industrial producers fell by 1.6% year-on-year, and the purchase price of industrial producers fell by 1.7%. Fan Jianping, director of the Economic Forecasting Department of the National Information Center, pointed out that the PPI rebounded for the first time in five months in October, and the bottom of the industrial product price confirmed that enterprises with a large proportion of basic metals in the cost can use the sharp drop opportunity to carry out the arbitrage arbitrage in the bottom shock. Operation, locking costs. In the fourth quarter and the first half of next year, the probability of a PPI increase is larger. Zhao Qingming, a senior researcher at China Construction Bank, also said that the PPI fell by 2.8% year-on-year in October, but rose by 0.2% from the previous month. PPI has the meaning of leading indicators to some extent, and its ring ratio has risen after five consecutive months of negative growth, which deserves attention, which may indicate that corporate investment and business activities are active. In addition, the added value of industrial enterprises above designated size in October also shows that China's industrial economy is in a state of stabilization and recovery. The added value of industrial enterprises above designated size in October 2012 announced by the Bureau of Statistics showed that the industrial added value of industrial enterprises above designated size increased in real terms in October. 9.6%, 0.4 percentage points faster than September. From the ring comparison, in October, the added value of industrial enterprises above designated size increased by 0.81% from the previous month. From January to October, the added value of industrial enterprises above designated size increased by 10.0% year-on-year. The stabilization of China's industrial economy has been shown in a number of data, including the rebound of the PPI; the manufacturing purchasing managers' index continued to rise; the average daily power generation in mid-October increased by 4.42% year-on-year and 9% quarter-on-quarter; September In the month, the profit reached 464.3 billion yuan, a year-on-year increase of 7.8%. From the year-on-year decline of 6.2% in August to the industrial economic data, it marked the development of China's industrial economy in a stable direction. As China's current national economic operation is steadily stabilizing and stabilizing, the development of the industrial communication industry in the first three quarters has also shown that the industrial economy is slowing down and stabilizing, the policy effect of steady growth is gradually emerging, and industrial transformation and upgrading are The promotion of order and the acceleration of the pace of information construction. Zhu Hongren, member of the party group and chief engineer of the Ministry of Industry and Information Technology, once stressed that industry is the main body of the real economy and an important part of the national economy. Among the gross domestic product, industrial added value accounts for more than 40%, and the industry is stable. The economic operation is stable, and the trend of industrial economy is an important aspect to judge whether the macro economy is stable.